![Mere Mentioning of Sale of Entry as Purchase Does Not Invalidate Income Tax Notice Flagging Bogus Transactions: Gauhati HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Gauhati-HC-Gauhati-High-Court-Income-Tax-Notice-Bogus-Transactions-Income-Tax-Mere-Mentioning-of-Sale-of-Entry-taxscan.jpg "Mere Mentioning of Sale of Entry as Purchase Does Not Invalidate Income Tax Notice Flagging Bogus Transactions: Gauhati HC [Read Order]")
Mere Mentioning of Sale of Entry as Purchase Does Not Invalidate Income Tax Notice Flagging Bogus Transactions: Gauhati HC [Read Order]
The Gauhati High Court in a significant case has dismissed a challenge to an order under Section 148A(d) of the Income Tax Act, 1961. The bench...
![Full Sale Consideration taken Without Indexed Cost Adjustment in Capital Gain Calculation: Karnataka HC sets aside Income Tax Reassessment Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Income-Tax-Income-Tax-Reassessment-Tax-Reassessment-Income-Tax-Reassessment-Notice-TAXSCAN.jpeg "Full Sale Consideration taken Without Indexed Cost Adjustment in Capital Gain Calculation: Karnataka HC sets aside Income Tax Reassessment Notice [Read Order]")
![Notice Sent to Non-Existent Entity Post-Merger Deemed Invalid: Karnataka HC quashes Income Tax Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Karnataka-HC-Karnataka-High-Court-Karnataka-HC-Quashes-Karnataka-High-Court-quashed-Income-Tax-Notice-Notice-Sent-Non-Existent-Entity-taxscan.jpg "Notice Sent to Non-Existent Entity Post-Merger Deemed Invalid: Karnataka HC quashes Income Tax Notice [Read Order]")
![Delhi HC Sets Aside Income Tax Notice, Citing Failure to Include Legal Heirs of Deceased in Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Delhi-High-Court-Delhi-HC-Income-Tax-Notice-Legal-Heirs-Citing-Failure-Delhi-HC-Sets-Aside-Income-Tax-Notice-income-tax-TAXSCAN.jpg "Delhi HC Sets Aside Income Tax Notice, Citing Failure to Include Legal Heirs of Deceased in Proceedings [Read Order]")
![Reassessment u/s 148 Unsustainable Due to Notice Issued to Deceased: Delhi HC Sets aside Income Tax Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/delhi-High-Court-Delhi-HC-Reassessment-Income-Tax-Notice-Notice-Issued-Delhi-HC-Sets-aside-Income-Tax-Notice-Section-148-TAXSCAN.webp "Reassessment u/s 148 Unsustainable Due to Notice Issued to Deceased: Delhi HC Sets aside Income Tax Notice [Read Order]")
Six-Day Period to Furnish Reply Instead of Seven as per Income Tax Act: Karnataka HC Quashes Reassessment Notice and Demand [Read Order]
The Karnataka High Court quashed a reassessment notice issued to Massood Gulam by the Income Tax Officer ( ITO ), due to non-compliance with the statutory requirement of providing a minimum of seven...
![Six-Day Period to Furnish Reply Instead of Seven as per Income Tax Act: Karnataka HC Quashes Reassessment Notice and Demand [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Karnataka-High-Court-Income-Tax-Act-Reassessment-Notice-and-Demand-Reassessment-Taxscan.jpg "Six-Day Period to Furnish Reply Instead of Seven as per Income Tax Act: Karnataka HC Quashes Reassessment Notice and Demand [Read Order]")
Karnataka HC sets aside Income Tax Penalty Notice and Order issued by AO on Unwarranted Genuineness Doubts ignoring Society's Submissions [Read Order]
In a recent ruling, the Karnataka High Court set aside the assessment order and penalty notices due to the assessing officer’s unwarranted doubts about the genuineness of the transaction, ignoring...
Minimum 7-Day Must Be Given to Respond to Notice issued u/s 148A(b) of Income Tax: Karnataka HC [Read Judgment]
In a recent ruling, the Karnataka High Court has ruled that a minimum seven-day response period shall be granted mandatorily for the notices issued under Section 148A(b) of the Income Tax Act, 1961. ...
![Minimum 7-Day Must Be Given to Respond to Notice issued u/s 148A(b) of Income Tax: Karnataka HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2024/09/Income-Tax-Income-Tax-Notice-Section-148-TAXSCAN.jpg "Minimum 7-Day Must Be Given to Respond to Notice issued u/s 148A(b) of Income Tax: Karnataka HC [Read Judgment]")
Madras HC orders Issuance of Fresh SCN Due to New Issues not Addressed in Original Notice u/s 148 of Income Tax Act [Read Order]
The Madras High Court has ordered the issuance of a fresh Show Cause Notice ( SCN ) under Section 148 of the Income Tax Act to address new issues that were not covered in the original notice. The...
Delhi HC quashes Reassessment Notices, Rules Interest Income from NCDs not subject to Dividend Tax [Read Order]
In the recent case, the High Court Of Delhi quashed the reassessment notices for assessment year(AY) 2018-19 issued to petitioner. The court held that the interest income from Non-convertible...
